*

Hitt og þetta 27. júlí 2007

Syndicate Business Forecasts

27 July 2007 For immediate release Novae Group plc Syndicate Business Forecasts Novae Syndicates Limited ("NSL") the Lloyd's managing agency owned by Novae Group plc, has submitted a business forecast for Syndicate 2007 to Lloyd's. A summary version of certain aspects of this syndicate business forecast is now available on the Company's website www.novae.com. This syndicate business forecast will be reviewed again by NSL prior to final submission in September according to the Lloyd's timetable and is subject to Lloyd's approval. For further information: Matthew Fosh - Novae Group plc 020 7903 7300 Nick Miles - M:Communications 020 7153 1535 ---END OF MESSAGE---